Carter Corporation weighted-average method

Carter Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Work in process, beginning:
Units in beginning work in process inventory 400
Materials costs $6,900
Conversion costs $2,500
Percent complete for materials 80%
Percent complete for conversion 15%
Units started into production during the month 6,000
Units transferred to the next department during the month 5,800
Materials costs added during the month $112,500
Conversion costs added during the month $210,300
Ending work in process:
Units in ending work in process inventory 1,400
Percent complete for materials 70%
Percent complete for conversion 40%

Required: Calculate the equivalent units for materials (using the weighted-average method) for the month in the first processing department

Solution Summary

Your tutorial is in Excel (attached). The tutorial computes the equivalent units for material and conversion costs (even though that is not asked) so you can see all the steps in a process costing problem using weighted average method. This is now a template for any problem you have, regardless of the question asked. The specific question in the posting is highlighted in yellow for easy review.